If you don’t want a lifetime mortgage or equity release, and just want a normal mortgage at 1.97% regardless of your age please Click Here
Not interested in equity release? Do you just want a conventional mortgage at 1.97% regardless of your age please Click Here
The more elderly you are and the sicker you are the more cash you can release.
Home reversion plans can reduce the value of your estate. Interest-only lifetime mortgages may impact ability to get state benefits. You may need to pay a solicitor’s fee and you could be exposed to changes in interest rates with some products.
It is very regular to find people seeking out home reversion plans, lumpsum lifetime mortgages or lifetime mortgage with flexible drawdown cash release, however, Age Partnership like AIG Life are keen to see paperwork to show your personal situation in the form of investment statements.
The lender will want to know if the property is a Semi detached freehold house or a Leasehold flat and if the resident is an AST Tenant.